The Dubai Multi Commodities Centre (DMCC), a leading international business district, has announced a strategic partnership with global cryptocurrency platform Crypto.com. The collaboration aims to drive the tokenization of commodities and develop next-generation digital trade infrastructure, further cementing Dubai’s position as a hub for Web3 innovation.
Modernizing Global Trade
Under a newly signed Memorandum of Understanding, the two organizations will explore how blockchain technology can modernize the commodities sector, which often relies on legacy systems. The partnership will focus on reducing settlement friction, improving price transparency, and expanding market access for segments including precious metals, diamonds, energy, and agricultural markets.
Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC, highlighted the transformative potential of the collaboration. “The rapid ascent of tokenisation is a structural opportunity to modernise how commodities are financed, traded and settled, bringing greater transparency and widening access to global markets,” he stated. “By partnering with Crypto.com, we will explore high-value applications ranging from the secure issuance and management of tokenised commodities to new models for custody, liquidity and digital asset payments, reinforcing the foundations for the next evolution of global trade.”
Exploring Tokenized Real-World Assets
A key focus of the partnership will be evaluating the potential listing of tokenized real-world assets (RWAs) on the Crypto.com Exchange, subject to regulatory approvals. The teams will also investigate custody models, liquidity-facilitation mechanisms, and the integration of digital-asset payments across DMCC’s platforms and for its member companies.
“Tokenised real-world assets represent one of the most significant advancements in the digital economy,” said Eric Anziani, President and Chief Operating Officer at Crypto.com. “Working with DMCC – a global leader in trade facilitation and an established hub for innovation – provides an exceptional platform to explore these opportunities responsibly and at scale.”
Mohammed Al Hakim, President and General Manager MEA of Crypto.com, added, “DMCC is the key institution in the development and enhancement of Dubai’s business sector and we are proud to help this community thrive.”
Fostering Dubai’s Web3 Ecosystem
The agreement also includes educational and technical initiatives to build institutional understanding of Web3 technologies. Crypto.com will work with the DMCC Crypto Centre on workshops, hackathons, and capability-building programs for businesses exploring tokenized asset models. This partnership builds on DMCC’s earlier collaboration with Dubai’s Virtual Assets Authority (VARA), which was established to advance global infrastructure for tokenized commodities.
About DMCC
DMCC is a leading international business district that drives the flow of global trade through Dubai. It is the preferred location for over 26,000 companies, from top multinationals to high-impact startups, contributing significantly to Dubai’s position as a global hub for trade and innovation.
About Crypto.com
Founded in 2016, Crypto.com is a globally recognized cryptocurrency platform trusted by millions of users worldwide. The company is a leader in regulatory compliance, security, and privacy, and is committed to accelerating the adoption of cryptocurrency through innovation with its vision of “Cryptocurrency in Every Wallet™.”
Source: Zawya
